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>> CYPRUS Latest News

JUL 03, 2015 - BBC

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JUL 02, 2015 - Huffington Post

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When Greece Forgave Germany's Debt

LONDON (AP) — Forgiving debt, if done right, can get an economy back on its feet. The International Monetary Fund certainly thinks so, according to a new report in which it argues Greece should get help. But Germany, another major creditor to Greece, is resisting, even though it knows better than most what debt relief can achieve. After the hell ...

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JUL 02, 2015 - Yahoo! News

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Cyprus stages play for peace at reopened landmark

Cyprus's Othello Tower, named after the ill-fated Shakespearean hero, reopened Thursday after a facelift with a performance of the tragedy that organisers hope will spread unity among long-divided communities. The year-long, EU-funded project to renovate the mediaeval tower in the port of Famagusta's 14th century castle comes as Greek and Turkish Cypriot leaders are locked in talks to reach a ...

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JUL 01, 2015 - San Francisco Chronicle

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The Latest: Moody's downgrades Greece to Caa3

"Events of recent months have illustrated the distance between what Greece's official creditors will demand as a condition of continued support over the coming years, and what Greece's institutions are able to do to meet those demands," it said. Despite openly disagreeing with other eurozone ministers, Varoufakis said the two sides remain "very close" on cost-cutting reforms but need to ...

Tags: The Latest: Moody's downgrades Greece to Caa3,  Cyprus Latest News

JUL 01, 2015 - San Francisco Chronicle

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The Latest: Greek minister: Bailout deal possible after vote

Despite openly disagreeing with other eurozone ministers, Varoufakis said the two sides remain "very close" on cost-cutting reforms but need to negotiate further to make Greece's national debt sustainable. The European Central Bank's governing council has decided to maintain emergency liquidity funding for Greek banks at the same levels as before, a banking official says. The official said nothing else ...

Tags: The Latest: Greek minister: Bailout deal possible after vote,  Cyprus Latest News